Tesco has announced it will be locking prices on more than 1,000 everyday products until July.
The supermarket giant is also dropping the price of milk for the first time since May 2020 in store and online.
Tesco’s most popular milk product, the four pint variety, will drop in price from £1.65 to £1.55 from today.
It has announced similar price reductions across its milk range, including dropping the price of a pint of milk from 95p to 90p, and two pints from £1.30 to £1.25.
Tesco UK Chief Executive, Jason Tarry, said the continued price-lock on many everyday essentials, as well as the drop in milk prices will help to provide customers with peace of mind at a time when many families are still feeling the effects of an increase in the cost of living.
He said: “We know that customers are still having to budget carefully, so we’re pleased to be able to reduce prices where we can, and also give them a little extra help by locking the prices of more than a thousand everyday products. Milk is a key everyday staple for so many families. We’ve seen some cost price deflation for milk across the market in recent times, and we want to take this opportunity to pass that reduction on to customers.
“This will not affect the price we pay our farmers. Our Tesco Sustainable Dairy Group was set up to ensure that farmers across the UK get a fair, independently-set price for the milk they produce for us. Our model gives farmers security when the market price for milk falls below the cost of production and reflects our long-standing commitment to our farmers.
“Whether you’re buying a branded favourite covered by our price lock, stocking the cupboards with essentials from Aldi Price Match, or treating yourself to an exclusive deal with Clubcard Prices – you can be confident of finding great value at Tesco.”
Products price-locked by Low Everyday Prices include:
- Product Low Everyday Price
- Yorkshire Tea – 40 bags £1.50
- McCain Naked Oven Chips – straight, 900g £1.95
- Cushelle Toilet Tissue, white – 9 roll £5.60
- Oykos Strawberry Greek Style Yoghurt 4 x 110g £2
- Shredded Wheat 30 pack £3.20
- Kenco Smooth Instant Coffee 200g £6
- Tesco Quadruple Strength Orange Squash - No Added Sugar 1.5 Litre £1.80
- Hartley’s Strawberry Jelly 135g 95p
- Homepride Self-raising Flour 1kg £1.65
- Aquafresh Fresh & Minty toothpaste 75ml 80p
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